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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat E, 98, Watkin Lane, Preston is a modern apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 98, Watkin Lane, Preston is £148,531 and the estimated rental value is £782 per month.
The apartment is within 98, Watkin Lane, Lostock Hall, Preston, PR5.
Watkin Lane, Lostock Hall, Preston, PR5 is located in the borough of South Ribble within the PR5 postal district.
Flat E, 98, Watkin Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated November 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat E, 98, Watkin Lane, Preston is in very good condition we estimate a sale value of £155,957 and a rental value of £821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,134 and a rental value of £727 per month.
Over the last 12 months the sale value of Flat E 98 Watkin Lane Preston has increased by an estimated £889 (0.6%) and its rental value has increased by an estimated £22 per month (2.8%), giving an expected gross yield of 6.3%.
Flat E, 98, Watkin Lane, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 700 metres radius of Flat E, 98, Watkin Lane, Preston over the last 2 years.
The most recent example is Hawkshead, Watkin Lane, Preston, PR5 5HA, a leasehold house which sold for £180,000 on the 17th November 2023.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watkin Lane, Lostock Hall, Preston, PR5 has a total of 148 addresses. According to our analysis of all the public data, Flat E, 98, Watkin Lane, Preston is the 110th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in PR5.
The closest station to Flat E, 98, Watkin Lane, Preston is Lostock Hall station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat E, 98, Watkin Lane, Preston, 39.6% of property is socially rented and 33.8% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat E, 98, Watkin Lane, Preston, 20.4% of residents are recorded as possessing school level qualifications and 24.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat E, 98, Watkin Lane, Preston, the average age was 42.6 and the most common age was 52.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat E, 98, Watkin Lane, Preston, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat E, 98, Watkin Lane, Preston, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
